Profil PT Lippo Malls Indonesia
In response to growing market demand, Lippo Karawaci started developing strata-titled malls from 2002 to 2006, recognizing that entrepreneurs in Indonesia were moving away from traditional retail outlets. Then, observing the over supply of strata-titled malls that had previously been in demand, the Company made the move to community malls and shifted to a model which now involves building, leasing, and then monetizing the retail assets. PT. Lippo Malls Indonesia ‘s retail comprises strata-titled malls and leased malls strategically located in major cities of Indonesia. The retail malls provide one-stop shopping, entertainment, dining and leisure destinations, with anchor tenants such as leading domestic retailers Matahari Department Store, Hypermart, Timezone, Times Bookstore and Cinema XXI.
With a portfolio of more than 70 shopping malls strategically located beyond 40 major cities across the archipelago, comprising more than 12,000 retailers occupying 2.7 million square meters of retail space, Lippo Malls is easily the largest mall owner and operator in Indonesia.
With an annual footfall of more than 300 million customers, our malls have been designed as a one-stop shopping, entertainment, dining and leisure destination. With anchor tenants such as leading Matahari Department Store, Hypermart, Timezone, Books & Beyond and Cinemaxx, as well as a range of international and national retail brands, Lippo Malls has everything discerning shoppers need and more. With both strata-titled and leased malls, family-oriented and upscale centers, each of our malls reflects a careful study of the retail market demand as well as intimate knowledge of the market in which our properties operate.
Lippo Malls is wholly owned, managed and controlled by PT Lippo Karawaci Tbk, Indonesia’s largest listed property company by total assets, revenues, and net profit, anchored by a large land bank and solid recurring income base. With its experience in developing malls and divesting them into Singapore listed real estate investment trust (REIT) – Lippo Malls Indonesia Retail Trust (“LMIR Trust”), serve to facilitate the Company’s asset-light strategy by enabling the Company to recycle capital as they step up the turnover of mall assets, allowing the Company to execute on its growth strategy of developing additional 15 new regional malls.
PT Lippo Karawaci Tbk continues to wholly-own, manage, and control the business enterprise and operations of LPKR’s retail malls division which contributes to the overall Company’s revenue. Currently, LPKR manages eight LMIR Trust Malls in Greater Jakarta, Bandung, and Medan with a total of over 760,000 square meters in NLA.
PT. Lippo Malls Indonesia continues to strengthen its position as the largest mall owner and/or operator in Indonesia by building and managing more retail malls across the country. We have a dynamic corporate culture, creative, and innovative as well as providing an opportunity for you to develop a career with us.
Lippo Malls (sebelumnya The Village Mall) merupakan operator mal terbesar di Indonesia. Lippo Malls dikelola oleh PT Jasa Management Consulting Division, anak perusahaan Lippo Karawaci Tbk. Kelompok ini memiliki total 585 anchor tenant dan penyewa 15.353 di seluruh mal dengan berbagai ukuran dari 26.000 meter persegi sampai 90.000 meter persegi dan target kelompok ekonomi menengah atas di setiap lokasi pasar mereka. Anchor tenant meliputi beberapa penyewa terbesar di Indonesia disamping Merek Nasional.